Kazakhstan Electricity Grid Operating Company (KEGOC) imposed administrative sanction

/KASE, January 23, 15/ –Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ... of imposition of administrative sanctions on the Company. On January 6, 2015 the Committee on Regulation of Natural Monopolies and Protection of Competition of the Ministry of National Economy of the Republic of Kazakhstan notified KEGOC JSC of the decision No. 125-150 taken on December 30, 2014 to impose an administrative sanction on KEGOC JSC in accordance with parts 3 and 4 of Article 147-5 of Kazakhstan's Administrative Violations Code (violation of the laws of the Republic of Kazakhstan on natural monopolies and regulated markets). The total fine amount – KZT11,297,160. The Said decision entered into force on January 16, 2015. unquote [2015-01-23]